Quote from gtor514:
The dems are in charge, Obama in the White House, and a democratic senate. It is now up to obama to come up with a plan to avoid the fiscal cliff which will guarantee extreme tax hikes on the rich and middle class. The republican congress won't pass these tax hikes. The result will be the default fiscal cliff which is the expiration of Bush tax cuts and the sequestor. Which is expected to reduce GDP by 2-4% and cause a recession.
It seems to me the republicans have the upper hand, all they have to do is what Obama has done the last four years and that is nothing. The republicans just need to let the economy crash over the cliff, let the Dems take responsibilty and reap the rewards in 2014/2016.